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Electric Vehicle Series

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An electric car is an automobile that is propelled by one or more electric motors, using electrical energy stored in rechargeable batteries or another energy storage device. Electric motors give electric cars instant torque, creating strong and smooth acceleration. They are also around three times as efficient as cars with an internal combustion engine. The first electric cars were produced in the 1880s. Since 2008, a renaissance in electric vehicle manufacturing has occurred due to advances in batteries and energy management, concerns about increasing oil prices, and the need to reduce greenhouse gas emissions. Several national and local governments have established tax credits, subsidies, and other incentives to promote the introduction and adoption in the mass market of new electric vehicles depending on battery size and their all-electric range. Electric cars are significantly quieter than conventional internal combustion engine automobiles. They do not emit tailpipe pollutants, giving a large reduction of local air pollution, and, can give a significant reduction in total greenhouse gas and other emissions (dependent on the method used for electricity generation). As of September 2015, there are over 30 models of highway legal all-electric passenger cars and utility vans available for retail sales, mainly in the United States, China, Japan, Western European countries. By mid-September 2015, about 620,000 light-duty electric vehicles have been sold worldwide out of total global sales of one million plug-in electric cars sold since 2008. The world's top selling highway-capable electric car is the Nissan Leaf, released in December 2010 and sold in 46 countries. Global Leaf sales passed the 200,000 unit milestone in December 2015, and the Tesla Model S, released in June 2012, ranks second with over 107,000 units sold worldwide. In this series, we cover stories covering the development of electric vehicles around the world.

Electric Vehicle Series

The High Court of Australia's decision on electric vehicles will make charging for road use very difficult

Oct 24, 2023 09:22 am UTC| Law Business

The High Court of Australias decision to invalidate Victorias electric vehicle tax has been widely noted as a major judgement in the history of federal-state taxation powers. In 2021, Victoria introduced a 2.5 cents per...

Electric Vehicle Series

How sodium-ion batteries could make electric cars cheaper

Oct 11, 2023 03:38 am UTC| Technology

Cars that burn petrol and diesel must be replaced with renewable alternatives if the climate crisis is to be overcome. Electric vehicles (EVs) are widely viewed as the best option available. This is because EVs can be...

Electric Vehicle Series

Why delaying the ban on petrol and diesel cars won't slow UK's shift to electric vehicles

Sep 23, 2023 00:49 am UTC| Economy

The UK has delayed its ban on the sale of new cars which burn petrol or diesel in internal combustion engines (ICE) from 2030 to 2035. In some ways, this is no surprise: the original plan was to ban them from 2040, a...

Electric Vehicle Series

The EU’s anti-subsidy investigation into electric vehicles is a risky strategy that may backfire

Sep 21, 2023 01:52 am UTC| Law Business

In her State of the Union address on 13 September, European Commission president Ursula von der Leyen announced a new anti-subsidy investigation into electric vehicles (EVs) from China, claiming that the market is being...

Electric Vehicle Series

How electric vehicle batteries could save the UK auto industry

May 29, 2023 05:31 am UTC| Technology

The UK may have lost Eurovision this year, but it recently beat European rivals for an arguably more valuable prize. Jaguar Land Rover (JLR) is expected to build a multi-billion-pound electric vehicle (EV) battery plant in...

Electric Vehicle Series

Boosting EV market share to 67% of US car sales is a huge leap – but automakers can meet EPA's tough new standards

Apr 14, 2023 14:11 pm UTC| Business

One big question keeps surfacing after the Biden administration announced plans to raise auto standards so sharply they would likely boost electric vehicle production to 67% of all new passenger vehicle sales in under a...

Electric Vehicle Series

Electric utes can now power the weekend – and the work week

Feb 14, 2023 13:13 pm UTC| Business

Four years ago, then-Prime Minister Scott Morrison famously claimed electric vehicles (EVs) would end the weekend. Its not going to tow your trailer. Its not going to tow your boat. Its not going to get you out to your...

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Economy

European Stocks Flat as Oil Prices Rise, US CPI in Focus

European stocks were little changed on Monday, holding close to record highs as rising crude oil prices and continued uncertainty over Middle East shipping routes offset optimism following last weeks strong market rally....

S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom

U.S. stock futures edged higher Monday as investors weighed escalating tensions surrounding Iran and the Strait of Hormuz while preparing for crucial U.S. inflation data later this week. SP 500 futures gained about 0.1%,...

Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises

Goldman Sachs expects corporate demand for U.S. equities to remain stronger than new share supply this year, despite a significant recovery in follow-on equity issuance driven partly by artificial intelligence investment....

South Korean Won Leads Asian FX Losses as Dollar Rises

The South Korean won led declines across Asian currencies on Monday as the U.S. dollar strengthened, while the Japanese yen retreated after giving up some of its intervention-driven gains. The U.S. Dollar Index rose 0.18%...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to support the market, despite Iran and Oman moving closer to an agreement on new shipping routes through the strategic...

Politics

South Korea, US Set Major Military Drills for August

South Korea and the United States will hold their annual Ulchi Freedom Shield (UFS) military drills from August 17 to 27, with this years exercises placing greater emphasis on countering drones, GPS interference and...

US ‘Digging In’ Across Indo-Pacific, Pentagon Official Says

The United States remains firmly committed to the Indo-Pacific and has no plans to withdraw from Asia, a senior Pentagon official said Monday, while urging regional allies to take greater responsibility for their own...

Myanmar Rejects ASEAN Special Envoy, Challenges Regional Peace Plan

Myanmars military-backed government has rejected the continued role of ASEANs special envoy, deepening tensions with the regional bloc as Thailand pushes for Myanmar to fully re-engage with Southeast Asian nations....

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...